Newmont Q3 2024 GAAP EPS From Continuing Operations $0.76, Sales $4.605B Beat $4.568B Estimate
Portfolio Pulse from Benzinga Newsdesk
Newmont reported its Q3 2024 financial results, with GAAP EPS from continuing operations at $0.76 and sales of $4.605 billion, both surpassing analyst estimates. This positive performance may influence investor sentiment positively.
October 23, 2024 | 8:07 pm
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POSITIVE IMPACT
Newmont's Q3 2024 earnings report shows a GAAP EPS of $0.76 and sales of $4.605 billion, both exceeding analyst expectations. This positive earnings surprise is likely to boost investor confidence and potentially lead to a short-term increase in stock price.
The earnings per share and sales figures both exceeded analyst estimates, which is typically a positive indicator for stock performance. Investors often react favorably to such earnings beats, leading to potential short-term price increases.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100